How To Buy Cardano UK – Buy Cardano In Under 5 Minutes

Fact Checked by Gary McFarlane

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only.

We often refer to Cardano as a third-generation blockchain, following Bitcoin and Ethereum. If you live in the UK and are looking for some of the attractive capabilities offered by digital tokens, but with lower fees – ADA coins could be the right investment for you. At the time of writing, this asset is amongst the top five cryptocurrencies by market capitalization!

If you are interested in learning how to buy Cardano in the UK – you will need a good online broker. In this guide, we review the best platforms to make a Cardano purchase, the key advantages of the currency itself, and how you can get the ball rolling and sign up with an ADA token provider today.

#1 Broker to Buy Cardano – eToro

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$50
Our score10
  • Invest in a wide range of cryptocurrencies
  • Ability to copy more experienced investors and their decisions
  • eToro crypto wallet included which makes it beginner-friendly
0% Commissionstart TradingOur score 10
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£20Exclusive promotion
Our score10
  • No commission or hidden fees
  • Officially regulated by FCA, CySEC, and NBRB
  • Hedging mode available
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$500Exclusive promotion
Our score9.5
  • Trade stocks, indices, currencies, commodities, and cryptocurrencies
  • No hidden fees or expenses
  • Develop your financial knowledge, trading skills and investment expertise

How to Buy Cardano in the UK – A Quick Guide For 2022

In a hurry and want to buy Cardano in the UK right now? Follow the 4 step walkthrough below to get started today!

  • Step 1: Open an Account with eToro – This brokerage enables you to buy Cardano, whilst paying the spread only.
  • Step 2: Upload Your ID – You will need to provide some documentation to prove your name and address. This can be your passport and a recent bank statement or utility bill.
  • Step 3: Deposit Funds – To buy Cardano in the UK, you need to have money in your broker account. Select a deposit method from the list. At eToro, this includes a credit/debit card, bank transfer, or e-wallet. Finally, confirm how much you would like to add.
  • Step 4: Buy Cardano – Either go to the ‘Trade Markets’ section or type Cardano into the search box. Once found, you can click ‘Trade’ and place a buy order with the amount you want to purchase.
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for $ 100 you get
194.5580ADA
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for $100 you get
194.5580 ADA

CFDs are complex instruments and carry a high risk of losing money quickly through leverage. 75% of retail investor accounts lose money when trading CFDs from this provider.

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197.0474ADA
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for $100 you get
197.0474 ADA

83% der Konten von Privatinvestoren verlieren beim Trading von CFDs bei diesem Anbieter Geld. Ihr Kapital ist im Risiko

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for $ 100 you get
200.1822ADA
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for $100 you get
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70,48% der Privatanleger verlieren beim CFD-Handel mit diesem Anbieter Geld

At this point, the crypto platform will execute your order. If you head over to your portfolio, you will see your Cardano investment stored there.

Cryptoassets are highly volatile unregulated investment products. No EU investor protection. 67% of retail investor accounts lose money when trading CFDs with this provider. 

Best Places To Buy Cardano UK – Reputable Brokers

To buy Cardano in the UK in safety, you will need to choose a broker to access the markets. After much consideration, we have whittled the long list of providers down to just four of the best in the industry.

You will see the full list below:

  • eToro – Overall Best Broker to Buy Cardano UK
  • Capital.com – Trade ADA Against Fiat Currencies
  • Alvexo – Invest in ADA CFDs with a Regulated Broker
  • Coinbase – Best Broker to Buy Cardano for Beginners
  • OKEx – Best Low-Cost Broker to Buy Cardano UK via a Crypto Deposit
  • Binance – Best Broker to Buy Cardano for Asset Diversity

As you can see, there is a platform suitable for every type of investor. We offer a detailed review of each provider shortly.

Where to Buy Cardano in the UK

As we said, there are hundreds of providers online, so we whittled the best crypto platforms down to the top four worth your time. Each offers a low-cost entry into the world of digital currencies and allows you to buy Cardano in the UK with little effort or fuss.

You will see comprehensive reviews of those platforms below to save you some online legwork.

1. eToro – Overall Best Broker to Buy Cardano UK

etoro review eToro is a major player in the world of buying and selling cryptocurrencies. The social trading platform serves millions of clients in over 100 countries and is watched over by the FCA, ASIC, and CySEC. As such, you can rely on the safety net of client fund segregation and a high level of customer care. When learning how to buy Cardano, it’s important to feel comfortable in the space. The website and app are suitable for both newbies and experienced people, so navigation shouldn’t be a problem.

When it comes to signing up, this is a simple process and usually takes minutes, thanks to the automated technology used to validate your ID. When reviewing a crypto broker, we also look at how reasonable fees are. You can buy Cardano whilst paying low fees, with a small investment minimum – starting at just $50 (about £40). Furthermore, there are tons of payment types accepted by this platform. This includes credit and debit cards, bank transfers, and e-wallets like Neteller, PayPal, and Skrill. The minimum deposit is $200 at eToro, which is around £145.

We checked out the diversity of cryptocurrencies here and found that as well as being able to purchase ADA coins with ease, you can access 25 other digital markets. The list includes well-known tokens like Ethereum, Bitcoin, Dash, Bitcoin Cash, Zcash, and Stellar (to name a few). You will also find lesser-known offerings such as Polygon, Decentraland, Uniswap, Compound, and many more. When you’re educating yourself on how to buy Cardano in the UK – you could consider finding your way around the platform by using the free virtual portfolio.

This will be on your main page from the moment you sign up and you can switch between the real and demo account as you see fit. This also allows you to shorten the learning curve by playing around with technical analysis and drawing chart tools. The standout feature at eToro is the Copy Trader. You can choose someone to invest in based on information such as asset preference, returns, risk level, and more. To explain further, let’s say you find a pro you like and invest £1,000 in that person. If the seasoned trader allocates 3% of their balance to buy Cardano – you have passively invested £30 in ADA coins.

In other words, anything the Copy Trader buys or sells will be reflected in your own portfolio. If you are interested in branching out into other markets, you will find a wide range of assets. This includes CFDs on forex, ETFs, commodities, and indices. All of which come without trading fees – barring the spread which we found to be competitive. You can also buy thousands of stocks at 0% commission. We mentioned that eToro is denominated in US dollars. Just a reminder that when you add funds to your account to buy Cardano, you will pay a small fee of 0.5% to convert GBP into USD. This is very competitive compared to other crypto brokers.

Pros

  • Invest in cryptocurrencies on a spread-only basis
  • Buy thousands of UK and international stocks at 0% commission
  • Minimum investment per trade from just $50
  • Supports debit/credit cards, e-wallets, and local bank transfers
  • Regulated by the FCA, CySEC, and ASIC
  • Used by over 20 million people
  • Perfect for beginners
  • Social and copy trading tools

Cons

  • Perhaps too basic for technical traders
  • No support for MT4 or MT5

at eToro, UK’s #1 Broker

Cryptoassets are highly volatile unregulated investment products. No EU investor protection. 67% of retail investor accounts lose money when trading CFDs with this provider. 

2. Capital.com – Trade ADA Against Fiat Currencies

Cryptocurrency has taken the world by storm, and Capital.com is at the forefront of this revolution.

Capital.com allows you to trade CFDs on Bitcoin, Ethereum, Litecoin, and Cardano – giving you the opportunity to speculate on the price movement of digital currencies without having to actually own them.

Get the best prices on spreads with Capital.com! Capital.com’s platform offers variable spreads, meaning you’ll always receive the best deal while the market is open.

Additionally, Capital.com’s wide range of instruments gives you plenty of options to choose from. So why go anywhere else?

Plus, with leveraged trading, you can magnify your returns!

So whether you’re a seasoned trader or just starting out, Capital.com has the tools and features you need to succeed in the world of cryptocurrency trading.

With Capital.com’s platform, you can trade all major cryptocurrencies against numerous fiat currencies.

You can also trade crypto-cross pairs, giving you exposure to a range of different currencies. So whether you’re looking to invest in Bitcoin or Cardano, Capital.com has you covered.

Capital.com offers a user-friendly platform that is perfect for beginners and experienced traders alike.

And with Capital.com’s 24/7 customer support, you can rest assured that they’re always here to help you make the most out of your trading experience.

If you’re looking for a comprehensive, user-friendly platform that supports a wide range of markets, then Capital.com is an excellent choice for you.

There are more than 200 different markets that are supported, and new ones are being introduced all the time. Therefore, you’ll be able to find exactly what you’re looking for.

Trade with confidence at Capital.com – they’re here to help you seize opportunities and maximize profits.

Pros

  • 0% commission on all markets
  • Tight spreads
  • $20 minimum deposit on debit/credit card and e-wallet payments
  • Heavily regulated
  • Thousands of listed markets – from stocks and indices to forex and crypto
  • Leverage offered on all markets
  • MT4 supported

Cons

  • $250 minimum if opting for a bank wire
  • The main trading suite is a bit basic
  • Unable to invest in traditional assets – derivatives only

Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76.25% of retail investor accounts lose money when trading spread bets and/or CFDs with this provider.

3. Alvexo – Invest in ADA CFDs with a Regulated Broker

alvexo homepage

Alvexo is a leading CFD broker that offers competitive spreads and low commissions. With Alvexo, you can trade CFDs on cryptocurrencies, stocks, commodities, indices, and currencies.

Since Alvexo is a regulated online broker, it is subject to strict regulations by financial authorities. This ensures that Alvexo adheres to the highest standards of financial practices.

Alvexo is proud to be regulated by the Cyprus Securities and Exchange Commission (CySEC), one of the most respected financial regulatory agencies. This provides clients with the peace of mind that Alvexo is a reliable and reputable company.

With Alvexo, you can trade cryptocurrency without having to pay any commissions. That means you can invest in the assets you want without having to worry about transaction fees eating into your profits.

And with competitive spreads starting at 2.9 pips for Classic account holders, you can be sure that you’re getting the best possible price on every trade. So why not start trading with Alvexo today?

Furthermore, Alvexo’s Gold account offers spreads as low as 2.2 pips, while Elite account holders can enjoy spreads of just 0.1 pips on CFDs.

Alvexo also offers several tools and resources to help users make informed trading decisions, such as market analysis, signals, and more.

Alvexo is the perfect platform for those who want to save money on fees in the long term. With no deposit or withdrawal fees, you can keep more of your hard-earned money in your account. And if you don’t trade for three months, there’s only a small $10 monthly inactivity fee.

So whether you’re an active trader or just holding onto your investments, Alvexo is the smart choice.

They say that the first step is always the hardest, but with Alvexo, it’s easy. All you need to do now is sign up and start trading!

Pros

  • Heavily regulated by CySEC
  • 0% commissions* when placing trades
  • Offers five different asset classes to trade
  • Full MT4 support
  • Various account types to choose from
  • Accepts PayPal
  • Over 1.1m registered users

Cons

  • Small inactivity fee applies
  • The minimum deposit amount could be lower

70.81% of retail investor accounts lose money when trading CFDs with this provider.

4. Coinbase – Best Broker to Buy Cardano for Beginners

coinbase review Another worthy candidate on your quest to find the best crypto platform to buy Cardano in the UK could be Coinbase. This exchange also provides a service for millions of people around the world. The provider has been on the scene for almost a decade and is very well-suited to newbie investors because of its super-friendly interface. You can invest in a safe environment here, as the company adheres to the laws and regulations of all the jurisdictions in which it offers a service – covering 30 countries.

We found plenty of other digital currencies here too. As well as Cardano, you will find crypto-assets such as Ripple, Bitcoin, Neo, Ethereum, Litecoin, Dogecoin, and more. Up and coming tokens include BlazerCoin, Dragon Token, BEAR Coin, ACE, and others. You can buy ADA coins using a debit card with ease thanks to the platform’s Instant Buy feature. Notably, the latter comes with a charge of 3.99%. An alternative way to fund your account is with a bank transfer – the deposit is free but you will still pay the standard 1.49% commission to buy cryptocurrencies.

When you are still getting to grips with how to buy Cardano in the UK, you will probably want to stick with smaller investments. Coinbase makes this easy by allowing you to buy or sell as little as £2 worth. This is a regulated platform, so before you can get started, you will need to provide the broker with your proof of identity and residential address. This can be your passport or driving license and a recent utility bill, amongst other accepted documents. You will receive a verification email confirming your new account.

Coinbase has some impressive features to enhance your buying and selling experience. This includes vault protection and a place to store your digital coins. You can also set up recurring buys – which is comparable to a direct debit. The difference is it enables you to build your portfolio by setting up a schedule and automatically investing at regular intervals. You can easily manage your account on the go too, as this platform offers a free app to Android and iPhone users. The application is easy to use for beginners and you can buy, sell, and convert by simply logging into your account.

When contemplating how to buy Cardano in the UK, you will no doubt think about how you can go about storing your investment safely. After all, the crypto space is not free from hacking attempts. Coinbase provides access to one of the most secure wallets online because 98% of all digital tokens are kept safe in cold storage offline. Furthermore, this is not an anonymous exchange – the platform is regulated so follows KYC rules. As such, all clients must upload a government-issued ID.

Pros

  • One of the most popular cryptocurrency exchanges
  • More than 35 million users
  • Supports instant debit card purchases
  • Dozens of digital currencies to choose from
  • Institutional-grade security practices

Cons

  • Debit card deposits are expensive at 3.99%
  • You will pay a standard trading commission of 1.49%

at eToro, UK’s #1 Broker

Cryptoassets are highly volatile unregulated investment products. No EU investor protection

5. OKEx – Best Low-Cost Broker to Buy Cardano UK via a Crypto Deposit

This cryptocurrency exchange has millions of clients on its books from around the world. When it comes to safety at OKEx, we found that the platform recommends various security features to aid you in keeping your digital assets secure. As well as email and mobile authentication – this includes anti-phishing codes, enhanced passwords, a Google authenticator option, and mandatory 2FA. The hot wallet framework utilizes semi-offline multi-signature services, risk management systems, and other protection mechanisms to help secure your private keys.

OKEx is the best low-cost broker to buy Cardano in the UK. You will only pay 0.0005 BTC per withdrawal, which is super competitive. To fund your account, you will find a drop-down list of compatible payment methods, including fiat, and stable coins (digital currencies pegged to fiat money – like USDT). Furthermore, if you already hold some Bitcoin or other accepted digital tokens, you can make a deposit without charge and use that to invest in Cardano with ease. This also cuts out the need to upload ID to complete your purchase. Note that you will have to pay a small amount to deposit using credit or debit cards.

This platform bases its fee structure upon market makers and takers. The latter former refers to those providing liquidity for the exchange. The more ADA coins you hold, the lower the commissions will be. When it comes to how to get started and buy Cardano in the UK, you should find this stress-free here as the site is straightforward to navigate. There is also a wide selection of alternative cryptocurrencies at OKEx. This guide discovered over 400. This is inclusive of well-known tokens like Bitcoin, Polkadot, Bitcoin Cash, Chainlink, Stellar and more.

You will also find plenty of smaller crypto assets (in terms of market cap) such as Diamond, FairGame, Unitrade, Super Bitcoin, Tornado Cash, and others. This platform also lists stable coins like USDT, which, as we mentioned, you may also swap for ADA tokens. We touched on commissions earlier, fees are competitive and start from just 0.10% per slide. Those looking for help to analyze the markets can utilize investment tools such as real-time Cardano price updates on options, spot, and futures markets. You can also opt for push notifications to your mobile – so you don’t miss a beat when buying Cardano.

OKEx offers newie investors plenty of educational material. This includes video lessons about specific subject matters, which also carries over to the provider’s own YouTube channel – covering all sorts of blockchain-based learning. Other content consists of beginner tutorials, trading ideas, industry analysis, and glossaries surrounding terminology. This crypto derivative and spot exchange supports several languages and is easy to use for most skill sets. The minimum deposit here is just $10 (approximately £7.30) and on the One-stop Marketplace feature, you can buy crypto to swap for Cardano.

Pros

  • Trusted crypto exchange with over 20 million users
  • More than 400+ digital currency pairs
  • Buy and sell cryptocurrencies with a debit/credit card or bank transfer
  • Low commissions that start from 0.1%
  • Fully-fledged mobile app on Android and iOS
  • Great reputation and highly secure

Cons

  • Debit/credit card fees could be more competitive
  • Derivative products too complex for beginners

at eToro, UK’s #1 Broker

Cryptoassets are highly volatile unregulated investment products. No EU investor protection

6. Binance – Best Broker to Buy Cardano for Asset Diversity

In terms of volume, Binance is one of the largest cryptocurrency platforms there is – with more than 100 million traders on its books globally. This exchange complies with regulatory requirements where it operates and offers secure payments to protect you from bad actors. You can also enhance your own security by using things like 2FA, changing strong passwords on a regular basis, and limiting the number of withdrawal addresses on your whitelist.

As well as buying and selling Cardano – you can also access over 500 other cryptocurrencies. This includes Chainlink, Bitcoin, Ethereum, Litecoin, Shibu Inu, Ripple, and more. If you are looking to invest in smaller tokens, you will find options such as Mask, Spartan, Cocos-BCX, Tornado, Stacks, Wabi, and many others. The higher the number of ADA coins you have in your account, the lower commissions you will pay. With that said, we found this to be low at 0.10% anyway. Moreover, you are invited to join the referral scheme, whereby when you recommend someone and they make a trade, you get up to 40% commission.

You can buy Cardano in the UK using a bank transfer with no deposit fees here, and this method is near enough instantaneous thanks to its use of Faster Payments service. Alternatively, you may use a credit or debit card and pay a small fee of 1.8%. To store your investment, you can also download the Trust Wallet application which is driven by blockchain technology. For extra protection, this offers advanced security and a protected key so that no one can access your ADA coins without authority. You can also swap cryptocurrencies via this application.

Note: At the time of writing in July 2021, Faster Payments at Binance are temporarily suspended.

Pros

  • Facilitates billions of dollars in daily trading volume
  • Supports hundreds of digital asset pairs
  • Near-instant deposits via debit/credit cards and local bank transfers
  • Trading commission starts at just 0.1% per slide
  • Offers crypto savings accounts
  • Ideal for both beginners and experienced traders alike

Cons

  • Not all supported cryptocurrencies can be purchased with a debit/credit card
  • No e-wallet deposits or withdrawals

at eToro, UK’s #1 Broker

Cryptoassets are highly volatile unregulated investment products. No EU investor protection

How to Buy Cardano in the UK – Detailed & Explained in Full

At this point, we offer a full walkthrough of how to buy Cardano in the UK – for anyone unfamiliar with the process of signing up with a cryptocurrency platform.

Recommended Broker
eToro
Buy now

CFDs are complex instruments and carry a high risk of losing money quickly through leverage. 75% of retail investor accounts lose money when trading CFDs from this provider.

Recommended Broker
AvaTrade
Buy now

CFDs are complex instruments and carry a high risk of possible rapid loss of capital due to their leverage. 71% of retail investor accounts lose capital when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take high risk in losing your capital.

Libertex
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83% der Konten von Privatinvestoren verlieren beim Trading von CFDs bei diesem Anbieter Geld. Ihr Kapital ist im Risiko

Rating
5.0
4.3
5.0
Mobile App Rating
10/10
9/10
1/10
Mobile App
Wallet
Number of Coins
1341559
Trading Fees
SpreadsN/AN/A
Deposit Fees
N/AN/AN/A
Withdrawal Fees
5 USDN/AN/A
Regulated
N/ACBI and MiFID in EuropeN/A
Min. Deposit
50$$100N/A
Leveraged Trading
N/A1:2 for cryptocurrenciesN/A
Bitcoin
$29251.19$29350.64$29365.26
Ethereum
$2005.54$1975.04$1981.93
XRP
$0.42$0.42$0.41
Tether
$1.00N/AN/A
Litecoin
$70.35$69.45$69.39
Bitcoin Cash
$194.33$193.09$193.19
Chainlink
$6.97$7.08$6.99
Cardano
$0.54N/A$0.54
IOTA
$0.34$0.33$0.33
Binance Coin
$314.07N/A$306.87
Stellar
$0.13$0.13$0.13
Bitcoin SV
$48.43N/A$48.14
USD Coin
$1.01N/AN/A
EOS
$1.32$1.31$1.30
Monero
$176.46N/A$177.16
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